Protect Yourself Against Credit Card Fees

Credit cards as seen in Orlando, Fla. on July 1, 2021. John Raoux/AP Photo

By Lisa Gerstner From Kiplinger’s Personal Finance

Failing to pay your credit card bill on time can result in a hefty fee. The amount varies by card, but under federal rules, issuers can currently charge up to $30 for the first late payment and up to $41 for subsequent late payments within six months.